I first became involved in commercial analytics in the eighties. First, through my involvement in customer segmentation and data visualisation, principally in banking but also in energy, manufacturing and the chemical industry. It also emerged later, in conjunction with my activities at the Sperry European Centre for AI, and was centred on pricing and yield management … [Read more...] about 9 Ways How Commercial Analytics Create Business Value
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Data Valuation: Is Your Big Data Worth Zero or Trillions?
Almost every entity is, or is becoming, a digital enterprise. Todays information economy mandates nothing less. Entities are making tremendous investments in order to exploit the vast amounts of data Big Data that are constantly being generated by the Internet of Things (IoT), social media platforms, websites, and other sources. As confirmed by a recent Capgemini EMC Big Data … [Read more...] about Data Valuation: Is Your Big Data Worth Zero or Trillions?
How Access to Real-Time Financial Information is Helping Businesses
Access to real-time data is radically changing the way that so many aspects of enterprise operations around the world are conducted. But, while these benefits are often assumed to be only accessible to big companies and multinational organisations, there are a number of very significant ways in which ready access to real-time financial data is helping businesses of all sizes to … [Read more...] about How Access to Real-Time Financial Information is Helping Businesses
5 Cyber Risks Affecting the Internet of Things and How to Manage These Risks
The Internet of Things will offer organizations tremendous value and will provide consumers with fantastic benefits. However, the Internet of Things also comes with a wide variety of cyber risks that could harm organizations and consumers who work with the IoT. To protect your organization from these cyber risks, you should have the right data governance procedures in place to … [Read more...] about 5 Cyber Risks Affecting the Internet of Things and How to Manage These Risks
Can Your Business Profit From Data Quality?
We often refer to business data as an asset. Something as prized as data is important for every function in an organisation, so its easy to see why its so valuable, and vital. On our blog, weve discussed ways that clean data can make an organisation more efficient, and therefore more profitable. And we know that clean data cuts waste. But data is not just an asset internally. … [Read more...] about Can Your Business Profit From Data Quality?
